:? All the charts you guys use are out of my league, but I would like to discuss the current state of affairs and predictors:
1. Ailing U.S. Dollar
2. Trade Deficit
3. Inflation rearing it's ugly head - increased cost of energy, steel, building materials
4. Oil Prices Up and Uncertain
5. Homebuilding down in many areas of the country
6. Interest Rates appear to be on an upward trend
While most reports indicate that overall consumer spending and confidence is holding it's own, i.e., the economy is still holding it's own, I don't think anyone could say with a straight face that we are completely out of the woods and going gangbusters.
Bush (yes, I voted for him) was sure that a war in Iraq would help the economy and get him re-elected - but has it gone on too long and cost too much?
And how many billions of dollars were lost in last season's hurricanes?
And how many billions of dollars are we contributing to the relief efforts toward December's disaster?
Have we bitten off more than we can chew?
I hope it doesn't all come tumbling down - but as long as the economy is holding it's own, maybe I'll continue to keep a good portion of my investment in the stock funds.
GeorgiaGal
Gawga Peaches Are Sweeter!
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